Ask Experts Questions for FREE Help !
Ask
    Uncle Hammy's Avatar
    Uncle Hammy Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 18, 2006, 06:15 AM
    NR Alien to Resident Alien
    Hi,

    I immigrated to the US from Canada on November 26, 2005 on an IR1 visa. I just want to confirm what I think I need to do to file my 2005 US taxes. From what I understand, I need to use the standard 1040 to file, declaring any income earned after November 26, 2005. I also need to attach a statement of my world wide earnings prior to November 26th, 2005, which I can use 1040NR and simply attach it to my 1040 return.

    On my 1040, can I claim my USC wife and 2 children as dependants who all have no income and moved back to the US with me?

    I can't claim any of the $5,000.00 standard deduction, correct?

    On the world wide income statement, I just put a USD converted dollar figure? Do I need to complete anything else on this statement to indicate that it is my NR income, and not taxable?

    Thanks,
    Hammy
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jan 18, 2006, 06:34 AM
    Hammy:

    While your proposed treatment of your foreign income and your proposed reporting methodolgy appears to be correct, I have zero experience with Canadian emigrants/non-resident aliens with IR1 visas, so I cannot comment.

    For this reason, I am referring you to www.thetaxguy.com. The author of this website is a professor of taxation who specializes in tax returns for non-resident aliens. He is, In my opinion, the best available source of information for you.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

F1 to H1b change Resident alien- Income in both [ 5 Answers ]

Hi , I was on F1/OPT till may 12 and then my H1b got approved. As such I have been on H1b for more than 183 days, and will require to fill out the regular 1040. However I was working during my OPT and was compensated for it too. But they did not withhold any taxes, Social Security or...

Resident alien or dual status alien [ 3 Answers ]

This topic has been heavily discussed, but the concept is still not clear. I have been on H1 since January 15, 2005 (was on F1/OPT before that). I received a pay-check (approx. $1500) in those 14 days on 2005 that I was on F1 status. Since "I pass the substantial presence test for 2005, I am...

Am I dual resident alien? [ 1 Answers ]

This is my history in US: 1998 as J1 student 118 days 1999 as J1 Summer Travel or Work 87 days 2000 as J1 Summer Travel or Work 68 days 2003 as B1 visitor 8 days 2003 as F1 student 152 days 2004 as F1 student 349 days 2005 as F1 student 271 days 2005 as H1B Employee 92 days

Resident alien or not if in US in 2005 for less than 183 days on H1 [ 5 Answers ]

Hi, I have come to US on H1B in Oct,2005 and my spouse joined me in Dec,2005 on H4 ( spouse is not working). So, am I a resident alien for filing taxes for the year 2005 ? I want to know what should my spouse state as reason on form W7 for applying for ITIN no - d/e/g D - Dependent of...

Resident alien with no FICA withheld during CPT [ 3 Answers ]

Hi expert, I am preparing my 2005 tax return but could not figure out how to do with FICA.:confused: I did an internship last summer using CPT because I am a full-time international student and didn't inform my employer that time that I will claim myself as a resident alien because I was not...

View more questions Search